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from the counterfeiters over there at the treasury and the federal reserve bank china could march and take control of the entire u.s. military under the same logic and what would america do then oh my god maybe the economy would grow no we can't have that here we had a shootout in the ok bond corral between paul singer a vulture fund capitalist versus argentina which is kind of a weak economy. the global matrix of economy why because citigroup in the eighty's loaded up with debt that they claimed was owed to them from the people of argentina remember wall to restain and citigroup one of the first one of the pioneers in financial para zome you know if you look at the auto financial terrorism ok pedia there should be water preston who famously said no country ever goes broke so he loaned him up billions of dollars in the government under the corruption in argentina said no that government that debts now owned by the people this is the same trick now used all over europe all over the world it's really the template that the financial terrorists of years to disenfranchise people around the
from the counterfeiters over there at the treasury and the federal reserve bank china could march and take control of the entire u.s. military under the same logic and what would america do then oh my god maybe the economy would grow no we can't have that here we had a shootout in the ok bond corral between paul singer a vulture fund capitalist versus argentina which is kind of a weak economy. the global matrix of economy why because citigroup in the eighty's loaded up with debt that they...
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Dec 20, 2012
12/12
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CNBC
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it's doing brutal in china and in terms of sales, they're used to double-digit gains in china. they saw double-digit negatives in china. so, the take away is, they're managing their business extremely well, despite weakness in china and north america is strong right now, so, if you believe in the thesis that the u.s. growth will be outstripping a lot of parts of the world, than nike looks pretty good right now. >> thank you for that, brian. and so some degree, we knew about the weakness in china, talked about inventories in china. >> we suffered the china weakness in the june quarter. that's where these guys -- they missed, they got destroyed that day and this is a company that has actually typically beat it over the last two years. but china is 11% of their sales. as much as it's exciting to talk about nike in china, this is not their holy grail. they still need to compete. the u.s. is 37% of sales. europe is 17% of sales. at 20 times earnings, these guys with 20% roe, these guys are worth owning here and 2% div. broke through 100, the stock actually looks like it's breaking o
it's doing brutal in china and in terms of sales, they're used to double-digit gains in china. they saw double-digit negatives in china. so, the take away is, they're managing their business extremely well, despite weakness in china and north america is strong right now, so, if you believe in the thesis that the u.s. growth will be outstripping a lot of parts of the world, than nike looks pretty good right now. >> thank you for that, brian. and so some degree, we knew about the weakness...
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this show i learned just an anecdote and i was in china where you know governmental infrastructure is a really breaking down and. you know people are finding immediate workarounds to it so much so that. cousin checkpoints for example if the lines too long they rush the line you know there is no standing there you know when you're radiation by. yes and for some moron to frisk you and your grandma and your kids right which is the hyperactive government that we see here in the u.s. i think that's something to avoid if at all possible right so when you when you talk about the lesson of nicaragua or any other lesson what do you really think people should take away in terms of what they could or should be doing if they're wanting to prepare for you know economic headwinds and the less well one thing i would say is like i don't want to give the impression that ok nicaragua is some sort of paradise nirvana i know it's a dirt poor country with. a lot of problems. but as a as a template for something that investors should consider or individual should consider it's a small government country wi
this show i learned just an anecdote and i was in china where you know governmental infrastructure is a really breaking down and. you know people are finding immediate workarounds to it so much so that. cousin checkpoints for example if the lines too long they rush the line you know there is no standing there you know when you're radiation by. yes and for some moron to frisk you and your grandma and your kids right which is the hyperactive government that we see here in the u.s. i think that's...
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Dec 20, 2012
12/12
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where is that coming from because i see china coming back a little, maybe europe's done going down, we seem to be a little bit stalled. somebody's building something around this world. >> i think it's a matter of jabil being very competitive in the markets we serve and having sufficient diversification so that if one part of our business, for instance networking on telecommunications may be going through a lull or slower period with government spending and bess spending, capital spending down, we have some other parts of our business that are doing extremely well. you mentioned some of the mechanics business we're involved in which we call our consumer technology business. that has nothing to do with electronics so we don't have to sell any electronic hardware for those businesses to perform well. parts of our business are a reflection of the economy and other parts of our business are growing very robustly. so i'm very hopeful for the balance of the year and, you know, i think the company is diversified enough to take advantage of whatever opportunities are out there. >> okay. i am so
where is that coming from because i see china coming back a little, maybe europe's done going down, we seem to be a little bit stalled. somebody's building something around this world. >> i think it's a matter of jabil being very competitive in the markets we serve and having sufficient diversification so that if one part of our business, for instance networking on telecommunications may be going through a lull or slower period with government spending and bess spending, capital spending...
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Dec 20, 2012
12/12
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china. china is huge for them and southeast asia. they're growing around the world. doesn't mean clear sailing. but it's a much healthier company than it was when it went into bankruptcy. >> michelle krk you tell me why buicks are so popular in china? >> it has a long history of strong image there. >> they're buicks. >> gm went in early. well, it's got a different image there. >> even tiger finally said i can't sell these things. >> any, appreciate it, michelle. thanks for trying to give me a straight answer. i'm sitting in the same chair i sit at in the morning. the big report on what happened in benghazi came out late last night and it seemed to go to great luns. >> they were mid level, right? >> yrks joe, they took the fall. from my information, i want to emphasize bend has been ongoing information. this state did and right now the people leaving the state department are victims of the government's need to cover up the larger story, that the security at the benghazi mission and it was a with the cia was about recruiting, arming, funding and transferring artists to
china. china is huge for them and southeast asia. they're growing around the world. doesn't mean clear sailing. but it's a much healthier company than it was when it went into bankruptcy. >> michelle krk you tell me why buicks are so popular in china? >> it has a long history of strong image there. >> they're buicks. >> gm went in early. well, it's got a different image there. >> even tiger finally said i can't sell these things. >> any, appreciate it,...
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Dec 20, 2012
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KQED
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. >> rose: do you look at the new leadership in china and think they will change the way china is -- >> well, they're a new generation, i've met some of them. but the question -- i think they face enormous questions about their own internal political system i hope that there's a real international opportunity to nationalize their currency. instead of that being a threat it's an opportunity for london as a financial center to be the place where ewan trading takes place and, in fact the last couple of months for the first time in our history a chinese bank issues and rnb bond outside china and hong kong so that's because of a lot of hard work in the city of london and with the british government to make britain a place where this new activity takes place. it's a good example of us actually not do so powered by rolls royce engines and airbus planes. the that's a bit anglocentric but there are going to be products and service which is people and these countries will want for the first time in their families histories and there's a real opportunity for western businesses. >> rose: the lar
. >> rose: do you look at the new leadership in china and think they will change the way china is -- >> well, they're a new generation, i've met some of them. but the question -- i think they face enormous questions about their own internal political system i hope that there's a real international opportunity to nationalize their currency. instead of that being a threat it's an opportunity for london as a financial center to be the place where ewan trading takes place and, in fact...
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Dec 20, 2012
12/12
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FOXNEWSW
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they fear this could be to natural gas production what the "china syndrome" was to the nuclear power industry. it stars matt damon looking to line up leases in pennsylvania farm country and john as a environmental activist to try to stop him. >> i'm here my farm is gone. the land turned brown. it happened to one of us. it could happen to all of us. >> reporter: damon and chris since ski who co-wrote the script together, they're using fracking as jumping off point to explore american identity. >> it really asks more questions than it answers but they're important questions that i think we're all need to be asking right now. >> reporter: but conservative blogs like the heritage foundation say this move -- movie looks nothing on surface to be hit piece on tracking indisstri. analysts say this could be a big problem going forward. charles edwards with the brookings institution. >> someone like matt damon will make convincing actor, undoubtedly casting concerns about shale gas on the horizon. that will probably become a lot of people's perceptions that shale gas is not safe. >> reporter:
they fear this could be to natural gas production what the "china syndrome" was to the nuclear power industry. it stars matt damon looking to line up leases in pennsylvania farm country and john as a environmental activist to try to stop him. >> i'm here my farm is gone. the land turned brown. it happened to one of us. it could happen to all of us. >> reporter: damon and chris since ski who co-wrote the script together, they're using fracking as jumping off point to...
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Dec 20, 2012
12/12
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FBC
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win millions of dollars of business for the pharmaceutical company in areas such as russia, brazil, china and poland. let's look to the major market average. the s&p is in the green, down and nasdaq pulling back a little bit. we are seeing drug index overall under pressure, eli lilly is likely to be in that index and banking index is higher so that is looking good. cheryl: thank you very much, see you at the top of the hour. if you are looking for that last-minute specialty gift brook stone might be on your list. how are they competing in the online space? the president and ceo is here. dennis: in time for a few last-minute gifts. let's look at today's winners. cheryl: what do you want? tell me now. [ male announcer ] ou are a business pro. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the aisle. and go. you can even take a full-size or above. and still pay the mid-size price. i could get used to this [ male announcer ] yes, you could business pro. yes, you could. go national. go lik
win millions of dollars of business for the pharmaceutical company in areas such as russia, brazil, china and poland. let's look to the major market average. the s&p is in the green, down and nasdaq pulling back a little bit. we are seeing drug index overall under pressure, eli lilly is likely to be in that index and banking index is higher so that is looking good. cheryl: thank you very much, see you at the top of the hour. if you are looking for that last-minute specialty gift brook stone...
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Dec 20, 2012
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FOXNEWSW
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. >> i think "promised land" could be a big problem just like i think back, impact china syndrome had on the nuclear power industry many years ago with jack nicholson. >> reporter: he says natural gas derived from shale in places like pennsylvania, west begin, ohio, texas and other places is an enormous opportunity for the country, one that president obama is fully on board with but he adds the opposition to this should not be underestimated and it is growing, jenna. jenna: john roberts live in atlanta. john, thank you. jon: just in, we'll take you live to washington. this is the number two republican in the house of representatives, house majority leader eric cantor. he is holding a news conference all about the fiscal cliff that is expected to be voted on, well, the plan b that we were just talking about, speaker boehner's plan. about expected to be voted on today. he is saying he is in favor of that bill. let's listen in. >> vote on the one million dollar cuttoff. making it more difficult to negotiate with the president? >> listen, our members understand that the nation faces large
. >> i think "promised land" could be a big problem just like i think back, impact china syndrome had on the nuclear power industry many years ago with jack nicholson. >> reporter: he says natural gas derived from shale in places like pennsylvania, west begin, ohio, texas and other places is an enormous opportunity for the country, one that president obama is fully on board with but he adds the opposition to this should not be underestimated and it is growing, jenna....
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Dec 20, 2012
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that will involve in different ways china, russia and india. we have a crisis on our hands in syria. we have pressures to go to war against iran. these are the kind of issues that really need attentive leadership from the secretary of state that is intensely interested in them and has the kind of experience and global background that is needed for that kind of job. >> i just want to add to the list the recent north korea missile test, rocket test, aka, a missile test, and the close collaboration between north korea and iran. iran is pretty advanced on miniaturizing nuclear warheads. and north korea is very advanced on missiles. and if that collaboration continues, we may have a very serious confrontation. >> and so there's no island of stability out there in this from north korea all the way into africa. and a lot of the intel people say that the next four years may be dominated by a series of crises and meltdowns. and that, you know, i think that's quite likely or certainly more likely than the idea that there's going to be a period of peace.
that will involve in different ways china, russia and india. we have a crisis on our hands in syria. we have pressures to go to war against iran. these are the kind of issues that really need attentive leadership from the secretary of state that is intensely interested in them and has the kind of experience and global background that is needed for that kind of job. >> i just want to add to the list the recent north korea missile test, rocket test, aka, a missile test, and the close...